Freenet

Freenet sees waipu.tv growth offset Freenet TV decline

German service provider Freenet saw growth in its Waipu.tv streaming service offset a decline in its legacy Freenet TV offering last year. The customer base for the antenna-based television freenet TV declined by 105,300 customers to 796,900. The company said that the decline had little impact on the bottom line due to a 20% price increase […]

Germany’s Videociety to take over Maxdome brand

Germany’s Splendid Medien-owned Videociety has struck an agreement with ProSiebenSat.1-Discovery joint venture streaming outfit Joyn to take over the former ProSiebenSat.1-owned Maxdome video-on-demand brand, effective October 1. The Splendid Group outfit, which operates a direct-to-consumer offering as well as supplying video platform services to third party providers including Freenet, said it intends to tap the […]

Freenet loses TV subs but gets a boost from rising revenues

A price increase saw German service provider Freenet lose close to 160,000 Freenet TV customers over the year to June but saw TV revenues rise as it reported an otherwise modestly successful second quarter and first half that enabled it to raise its guidance. Freenet said that “what remains a profitable price increase” was the […]

Dotscreen renews freenet TV HbbTV portal contract

Multi-screen video applications & UI specialist Dotscreen has renewed its multi-year contract with Media Broadcast, the platform operator of freenet TV in Germany. Freenet TV, which is predominantly known for its pay TV service broadcast via DVB-T2 HD and via DVB-S2, launched its HbbTV freenet TV portal in 2016 with the Parisian Dotscreen as a […]

UPC deal in limbo after Sunrise scraps EGM 

Sunrise’s CHF6.3 billion deal to acquire UPC Switzerland from Liberty Global hangs in the balance after the former announced it has cancelled a planned EGM on October 23. The company had initially scheduled an EGM to approve the announced reduction in the size of the rights issue planned to finance its acquisition of UPC Switzerland. […]

Freenet rejects Liberty Global’s offer to take part in Sunrise-UPC Switzerland deal

Freenet, the largest shareholder in Sunrise, is still opposed to the Swiss service provider’s deal to buy Liberty Global’s UPC Switzerland, despite a new offer from the US seller to take part in the deal. With Freenet vocally opposed to the deal for months, Liberty Global attempted to smooth things over by announcing an agreement […]

Sunrise chief claims growing support for Liberty Global deal

Sunrise is gaining shareholder support for its troubled agreement to buy UPC Switzerland from Liberty Global, which remains a “fantastic” opportunity to realise synergies and drive consolidation in the Swiss market, according to Sunrise CEO Olaf Swantee. Speaking to CNN, Swantee said that 75% of shareholders now back the revised capital increase planned by the […]

Sunrise in fresh move to secure shareholder OK for Liberty Global deal

Swiss telco Sunrise has announced a reduction in the size of the rights issue planned to finance its troubled acquisition of UPC Switzerland in a bid to secure shareholder approval for the deal. The telco is to reduce the size of the rights issue by CHF1.3 billion (€1.2 billion) to CHF2.8 billion ahead of a […]

Swiss deal ‘makes tons of sense’, says Liberty Global chief

Liberty Global’s agreement with Sunrise to divest its UPC Switzerland unit “makes tons of sense” and it is up to the Swiss telco to “manage its shareholder base” and see the deal through, according to Liberty president and CEO Mike Fries. Speaking at the Goldman Sachs Communacopia conference in New York, Fries said that Liberty […]

Sunrise bolsters case for UPC deal with new fairness opinion

Swiss telecom operator Sunrise has boosted its case in its battle with its biggest shareholder Freenet over the terms of its planned acquisition of cable operator UPC Switzerland from Liberty Global by receiving a favourable opinion on the fairness of the deal from ValueTrust Financial Advisors. According to to Sunrise, ValueTrust reviewed the key performance […]

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